London leads the workplace wearable revolution

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New research shows that London businesses are embracing the wearable technology revolution faster than anywhere else in the UK.

The study, commissioned by the PMI Health Group showed over a quarter (26%) of London employees are provided with wearable tech, compared to the British average of 9%.

The market for the gadgets in the UK is set to hit $5.8billion by 2018, an 800% increase on its 2012 value.

PMI Health Group director Mike Blake said: “Wearables have become commonplace in recent years and their popularity provides employers with a golden opportunity to collect valuable data that can be used to improve health and wellbeing.

“It appears businesses in London have been quick to embrace this and we have already seen many examples of company-funded wearable schemes, where employees accept devices in the understanding that the data generated will be shared with their employers.

“Such initiatives can form part of wider health and wellbeing programmes, helping businesses to identify areas of risk and empower staff to take positive action.

“Not only could this enable a more proactive approach to absence management, tackling worrying trends before they become problematic, but it could also help to reduce claims and health insurance costs in the long term.”